Comparison between Muthoot Fincorp NCD February 2020 and Power Finance Corp NCD January 2021.
Muthoot Fincorp NCD February 2020 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Power Finance Corp NCD January 2021 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Fincorp Ltd. | Power Finance Corp.Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | ||
| RHP (Base) | RHP  | RHP |
| DRHP (Shelf) | ||
| RHP (Shelf) | ||
| NCD Rating | This offer is rated as "CRISIL/A" Stable by CRISIL. This rating indicates that instruments with this rating are considered to have adequate degree of safety regarding timely servicing of financial obligations and carry lowest credit risk. | |
| Registrar | Integrated Registry Management Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | SMC Capitals Ltd. | Trust Investment Advisors Pvt.Ltd. JM Financial Ltd. Edelweiss Financial Services Ltd. A.K.Capital Services Ltd. |
| Debenture Trustees | ||
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Fincorp NCD February 2020 issue size is ₹150.00 Cr at an issue price of ₹1,000.00 per NCD. Power Finance Corp NCD January 2021 issue size is ₹500.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | Power Finance Corp.Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹150.00 Cr | ₹500.00 Cr |
| Issue Size (Shelf) | ₹150.00 Cr | ₹4,500.00 Cr |
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 10 NCD | 1 NCD |
| Credit Rating | The NCDs have been rated 'A (Stable)' by CRISIL Limited | ‘CARE AAA; Stable’ by CARE; ‘CRISIL AAA / Stable’ by CRISIL; and ‘[ICRA]AAA(Stable)’ by ICRA. |
| Tenor | 27, 38, 60 and 72 months | 3. 5, 10 and 15 years |
| Series | Series I to Series IX | |
| Payment Frequency | Monthly, Yearly or Cumulative |
Offering period of Muthoot Fincorp NCD February 2020 and Power Finance Corp NCD January 2021 is mentioned.
| Muthoot Fincorp Ltd. | Power Finance Corp.Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Feb 18, 2021 | Jan 15, 2021 |
| Bid/Offer Closes On | Mar 09, 2021 | Jan 18, 2021 |
In Muthoot Fincorp NCD February 2020 QIBs portion includes and offered are offered to retail investors. In Power Finance Corp NCD January 2021 QIBs portion includes and offered are offered to retail investors.
| Muthoot Fincorp Ltd. | Power Finance Corp.Ltd. | |
|---|---|---|
| Institutional | ||
| Non Institutional | ||
| HNI | ||
| Retail | ||
| Others | ||
| Total | 15,00,000 shares | 50,00,000 shares |
